Black holes owe their existence to the presence of singularity. Singularity appears theoretically as a result to the Schwarzschild solution in asymptotically flat spacetime. Such an approximated Schwarzschild solution creates singularity (when r = 0). This false paradigm constitutes our observation. The observer is operating within a "paradigm". Observations being made are not complete in themselves, they interpreted within a theory (a paradigm). Schwarzschild solution singularity paradigm works as a lunette, through which we imagine that we could observe Black holes. Black holes have never been seen directly, their existence is just a matter of illusion. We did prove that the spacetime of the actual Universe is hyperbolic [S. A. Mabkhout, Phys. Essays 25, 112. 2012)]. Neither Schwarzschild metric nor Kerr metric possess singularity in the hyperbolic spacetime [S. A. Mabkhout, Phys. Essays 26, 422. 2013)] . Singularity is the main character of the Black hole. If, in principle, singularity theoretically doesn't exist, Black holes also don`t exist. There is no singularity to crush and destruct the infalling information. In the actually hyperbolic spacetime infalling particles (information) have just come to rest at the origin (r = 0). Hence Information Loss Paradox does no longer exist.